Boart Longyear Company 401(K) Savings Plan — Form 5500 plan (Boart Longyear Company)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Boart Longyear Company 401(K) Savings Plan is a benefit plan reported by Boart Longyear Company under EIN 87-0503343 and plan number 005. The latest loaded filing year is 2023. The filing reports 1,941 participants and $128,432,771 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Boart Longyear Company
EIN
87-0503343
Plan number
005
Plan type
2
Location
West Valley, UT
Latest filing year
2023
Participants
1,941
End-of-year plan assets
$128,432,771

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,941H, C20241014143930NAL0015123779001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$128,432,771
Total liabilities (EOY)
$0
Net assets (EOY)
$128,432,771
Net assets (BOY)
$107,542,219

Income & contributions

Employer contributions
$2,687,886
Participant contributions
$8,060,878
Total contributions
$13,035,562
Total income / additions
$36,727,996

Expenses & distributions

Benefits paid
$15,724,703
Administrative expenses
$86,384
Total expenses
$15,837,444
Net increase / (decrease)
$20,890,552

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Captrust Financial AdvisorsCONSULTANT$70,000not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$40,058not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$23,674$02023

Related Form 5500 pages